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Earnings Preview for CenturyLink

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On Wednesday, August 05, CenturyLink (NYSE: CTL) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

CenturyLink EPS will likely be near $0.32 while revenue will be around $5.14 billion, according to analysts. CenturyLink earnings in the same period a year ago was $0.340 per share. Quarterly sales came in at $5.58 billion. If the company were to post earnings in-line with the consensus estimate when it reports Wednesday, EPS would be down 5.88%. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.34 0.33 0.33 0.31
EPS Actual 0.37 0.33 0.31 0.34
Revenue Estimate 5.48 B 5.55 B 5.54 B 5.59 B
Revenue Actual 5.23 B 5.57 B 5.61 B 5.58 B

Stock Performance

Over the last 52-week period, shares are down 14.64%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. CenturyLink is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.centurylink.com%2Fhome%2Fdefault.aspx&eventid=2406015&sessionid=1&key=6AF6662739B660A23519E28AB35E7E3F&regTag=&sourcepage=register

 

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Posted-In: Earnings